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Appraisal Today
OCTOBER 7, 2022
Two-thirds of appraisers (66 percent) are asked monthly or more often to conduct appraisals outside of the geographic area or the property type in which they feel their expertise is. Close to one-third conduct an appraisal outside their area of expertise on a weekly basis. To read the report, click here. My comments : Read the PDF report.
Appraisal Today
OCTOBER 14, 2022
While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article (from 35% 10 years ago). NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. Humor for Appraisers.
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Appraisal Today
DECEMBER 9, 2022
How to Reduce Appraisal Revision Requests. By Clear Capital November 14, 2022. Excerpts: To cut down on appraisal revision requests, it is important to keep these best practices in mind: Communicate in a timely manner. Address the request thoroughly and professionally. Add additional commentary where appropriate. Ask questions.
Will Springer Realtor
JULY 13, 2023
The national office vacancy rate stands at 16% through March , up from 11% at the end of 2019 – just before life changed for you, me and the world. Measured differently, monthly worker foot traffic in downtown is 48% of 2019 levels , the highest rate of activity since the start of the pandemic. Office vacancies in U.S.
Appraisal Today
JULY 15, 2022
Many homes were changed to investor-purchased Airbnbs with few home rentals available for local residents. Julie and a group of other concerned residents are now preparing for August 5, 2022, when there is an election for new city council members. Two articles by Julie on my website: Residential Appraisals and Airbnb Income?
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